The PM says he thought the trade deal could have been completed within a year.
Prime Minister Dr Mahathir Mohamad today said it is not easy to conclude the Regional Comprehensive Economic Partnership as an agreement is needed by 16 member countries.
“Multilateral or even bilateral is not easy," said Mahathir, who is leading a Malaysian delegation to the 35th ASEAN Summit in Bangkok, told the Malaysian press. “I am very disappointed with the negotiation of the RCEP. We thought on the first year we should have concluded the negotiations,” he added.The RCEP is a multilateral trade agreement between the 10 member states of Asean - Malaysia, Brunei, Cambodia, Indonesia, Laos, Myanmar, the Philippines, Singapore, Thailand and Vietnam - and its six Free Trade Agreement partners, namely China, Japan, South Korea, Australia, New Zealand and India.
Meanwhile, International Trade and Industry Minister Darell Leiking said matters on the RCEP was generally brought up during the Asean-China and Asean-India Summit today.
المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين
Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.
Dr Mahathir 'very disappointed' with stalled RCEP negotiationsBANGKOK: Prime Minister Tun Dr Mahathir Mohamad said that he is disappointed with negotiations held for the Regional Comprehensive Economic Partnership (RCEP) at the 35th Asean Summit here, where a long-awaited deal on the world’s largest trade pact failed to materialise.
اقرأ أكثر »
Dr M: Applying sanctions is against international lawBANGKOK (Bernama): Prime Minister Tun Dr Mahathir Mohamad has criticised the move by a certain country to impose economic sanctions on another country, saying the move is against the law.
اقرأ أكثر »
Dr Mahathir 'very disappointed' with stalled RCEP negotiationsBANGKOK: Prime Minister Tun Dr Mahathir Mohamad said that he is disappointed with negotiations held for the Regional Comprehensive Economic Partnership (RCEP) at the 35th Asean Summit here, where a long-awaited deal on the world’s largest trade pact failed to materialise.
اقرأ أكثر »
Dr M: Applying sanctions is against international lawBANGKOK (Bernama): Prime Minister Tun Dr Mahathir Mohamad has criticised the move by a certain country to impose economic sanctions on another country, saying the move is against the law.
اقرأ أكثر »
We're not in a great place with VAR, says Chelsea boss Lampard(Reuters) - Frank Lampard believes the Premier League are setting a dangerous precedent with the use of the Video Assistant Referee (VAR) after technology intervened to give Watford a late penalty in Chelsea's 2-1 win at Vicarage Road.
اقرأ أكثر »
A-G’s advice sought on 6 undelivered copters, says Mat Sabu | The Malaysian InsightDefence minister says decision will be made after getting attorney-general and Finance Ministry's views.
اقرأ أكثر »